Veronica sold an old table at a loss of 20~%.if she had sold the table for Rs.40 more ,she would have gained 5%.the selling price in the later case
Answers
Answered by
1
Given, 105%-80%=40
25%=40
105%=?
by cross multiplying
selling price=105x40/25
=₹ 168
Answered by
0
Answer:
168rs
Step-by-step explanation:
Concept= Profit and Loss
Given= Profit, Profit% , Loss%
To find= Selling Price
Explanation= Veronica sold the table initially at loss of 20% which means she sold the table at 80% of the cost price. If she would have sold it for 40rs more than cost price then she would have gained 5% which is 105% of original cost price.
Let the cost price be x
so, 80% of x + 40rs = 105% of x
=> .80x + 40rs = 1.05x
=> .25x=40
=> x= 40*100/25= 160rs
Therefore Cost price is 160rs
Selling Price when Profit is 5% is
=> 105% of CP
=>105/100 *160
=> 1.05*160= 168rs.
#SPJ2
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